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  • Toaz - Info Special Proceedings de Leonpdf PR

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    Princess Faith
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    The document discusses the rules for filing claims against an estate in probate court. It notes that claims must generally be filed within four months of the first publication of notice to creditors. However, the creditor may set up their claim as a counterclaim in an action filed by the executor within this period. It also notes that under the double value rule, claimants who do not file within this period can still recover against the estate, but only for half the amount of the debt.

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    The document discusses the rules for filing claims against an estate in probate court. It notes that claims must generally be filed within four months of the first publication of notice to creditors. However, the creditor may set up their claim as a counterclaim in an action filed by the executor within this period. It also notes that under the double value rule, claimants who do not file within this period can still recover against the estate, but only for half the amount of the debt.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views383 pages

    Toaz - Info Special Proceedings de Leonpdf PR

    Uploaded by

    Princess Faith
    The document discusses the rules for filing claims against an estate in probate court. It notes that claims must generally be filed within four months of the first publication of notice to creditors. However, the creditor may set up their claim as a counterclaim in an action filed by the executor within this period. It also notes that under the double value rule, claimants who do not file within this period can still recover against the estate, but only for half the amount of the debt.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 383

    <-- proper claim

    (even if claim has not yet prescribed, it


    may be barred by SNC)

    (1) Sec. 2, last par. - one month for just cause shown;

    (2) the creditor may set up his claim as a counterclaim in an action filed
    by the executor or administrator
    Hence, the election of one bars the exercise of the others.
    Double Value Rule

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